Yield differentials sway back to the buck [Video]
![Yield differentials sway back to the buck [Video]](https://editorial.fxstreet.com/images/Markets/Bonds/Euribor/business-graph-26048681_XtraLarge.jpg)
FOMC rate cut pricing has come down 3 basis points to an expectation of just 31 basis points of rate cuts from the Fed in 2024. The adjustment has been brought on by a stronger than expected US consumer confidence reading which has forced the market to drive yield differentials back in the Buck’s favor.
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LMAX Group Research Desk
LMAX Group
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